During today's auctions, the price of 1,000 cubic meters of gas in Europe fell below $345, APA-Economics reports.
On January 5, the price of January futures on the TTF (Title Transfer Facility of the Netherlands, the most liquid virtual sales center in Europe) index was $341.2, which is 3% less than the previous calculation price ($351.8).
Note that the transportation of Azerbaijani gas to Europe through the Trans-Adriatic Pipeline (TAP) began on December 31, 2020.